Initial Coin Offering

Digital currency services provider Spotcoin said it raised over $5 million even before its initial coin offering launched on Monday afternoon. The company, based in Tbilisi, Georgia, previously said it was considering expanding its Amsterdam, Netherlands operations after the ICO.

Expert digital currency exchange firm Spotcoin is primed and ready to launch its ICO. It’s just around the corner. That means it is now time to join the Spotcoin Whitelist. The ICO Whitelist opened on Monday October 8th at 18:00 (UTC+4), and with it, your chance to pass your KYC/AML process and be first in line to purchase SPOT on October 22nd.

The Finance Ministers of France and Germany are calling for the world's top economic powers to debate Bitcoin and cryptocurrency regulation at the G20 summit in Argentina next year. The Netherlands does not form part of the G20 - the 20 largest economies in the world - but was invited to participate in the summit by host country Argentina.

Dutch FinTech company ICO HeadStart raised 10.2 million dollars in the first phase of an Initial Coin Offering (ICO) over the weekend. The goal of this so-called pre-ICO, which is running until December 12th, was 10 million dollars. The actual ICO, which is still to come, is expected to raise even more, Business Insider Nederland reports.

Initial Coin Offerings are a very risky, but potentially very rewarding form of capital raising provided that it is allowed to develop properly, according to Edan Yago, CEO and founder of Epiphyte. And for this to happen, the Dutch government and authorities should let ICOs develop unhindered, without stymieing innovation by applying new regulations onto this young field. "They should stand to the side and allow ICOs to develop", Yago said to NL Times.